Hi,
I am considering a system that allow depositing BTC and issue a proof of that to change for money. I think it can help to create more liquidity for the current and future BTC world.
If you think this idea maybe helpful and able to do the technic stuff. Welcome to reply or message me!!
Is this some kind of IOU debt? Imagine, in the past, you deposited gold in a bank, and then the teller gave you toilet paper, which they now call paper money, that could be exchanged for goods and services.
Yep, this is a brilliant idea, following in the footsteps of the collapse of Celsius, FTX, and Blockfi. It's the same scheme.